Globalisation, Transnationals and Economic Policy Essay

Globalisation, Transnationals and Economic Policy - Essay Example Foreign direct investment has been very very important to the economic development in Central and Eastern Europe over the last decade. Basically, importance is marked by successful resource seeking there. Also, Market seeking is another important economic development in Central and Eastern Europe. Lastly, Efficiency seeking has improved the economic situation in Central and Eastern Europe.Basically, importance is marked by successful resource seeking there. Some parent companies invests large capital resource in order to to acquire major factors of production that are more efficient than if the factors are obtained in its home country base. In fact, these scarce resources may not even be available in the home economy at all. These major factors include cheap labor and natural and resources. This exemplifies why Foreign Direct Investors set up shop into developing countries like the Asian third world countries. Specifically, some parent companies would go out of its way to seek cheap and hard to find natural resources in the Middle East and Africa. Other foreign direct investment companies prefer to set up manufacturing plants in in Southeast Asia and Eastern Europe because of the cheap labor costs there.This will increase the purchasing power of the workers in Eastern Europe. As a result This will decrease the unemployment rate in Eastern Europe and Southeast Asia.Also, Market seeking is another important economic development in Central and Eastern Europe.... As a result This will decrease the unemployment rate in Eastern Europe and Southeast Asia. Also, Market seeking is another important economic development in Central and Eastern Europe. Some foreign direct investment companies would daringly venture in uncharted waters as they set up shop in Central and Eastern Europe. The companies main aim is to increase its market territory. Expectedly, this marketing strategy of expansion will increase total world-wide sales thereby increasing profits. Reasonably, the parent companies only want to protect or their current sales figures. Hopefully, some parent companies just want to infiltrate the markets of its competitors while protecting its markets in its home country base. Some parent companies enter this type of international marketing strategy through mergers and acquisitions. Lastly, Efficiency seeking has improved the economic situation in Central and Eastern Europe. Clearly, some foreign direct investors venture into Central and Eastern Europe in order to exploit the economies of scale and the scope there. The market in Central and Eastern Europe can be segregated into the rich, the average and the poor customer prospects. It is even suggested that this type of Foreign Direct Investment can be realized after either resource or market seeking investments have been cropped up. Then, this will in all probability will increase the sales as well as the profitability of the firm. Typically, this is the type of Foreign Direct Investments that is mostly widely practiced in highly developed economies. This is what is actually happening within closely integrated markets like Central and Eastern Europe. EXAMPLES: In Western Europe( Thuermer, 2006) stated

RELIGION AND THEOLOGY Essay Example | Topics and Well Written Essays - 1500 words

RELIGION AND THEOLOGY - Essay Example The motive is to prepare people to lead and make disciples of leadership. This paper will discuss the five essential activities that Michael describes in the book. This will also entail describing how these five essential activities are implemented relative to the questions asked. This will also entail description of the principles that a leader should live by in order to accomplish the mission. The paper will then outline the lessons learnt regarding the leadership for discipleship subject to the author of the paper. The author will also include the impact of these lessons in relation to the leadership practices. Michael (2010, 23) states that a good theory is what promotes and develops good ideas, which can be, later translated into excellent practices in leadership. In his encounter with the youths and missionaries, he developed the five essential activities that should be implemented in order to answer the five questions asked by the youths. In order to answer the questions asked , Michael developed five questions that would help bring into light the questions the rest asked. The first question was relating to the Christian education. The consideration put forth was answering what Christian education entailed. ... The fifth question revolved around people who were involved in the education process. The roles of these people and their background information were the key concern. Michael, within a period of a year, had formulated the essential activities that answered the five questions2. Interview Questions The first activity was meant to answer the question of Christian education. The essential activity was to define what discipleship comprised of in relation to the scriptures. The third activity involved preparing a plan to aid in the teaching and learning process. This answered the third question. The fourth activity involved establishing a condusive environment to streamline the education. This answered the question regarding the context or what was to be included. The fifth activity involved developing a heart to serve people. This answered the question regarding the people3. These activities were implemented in a number of ways. A plan was developed to ensure all the five activities were implemented. The plan was phrased to the young reformers. The group targeted was the youths who were in their final years in high school. This encompassed age between 20 and 30. The reason for choosing this group was due to the thought that they were least reached. The sermons were taken not to function on them, and attending services was not their common doctrine. The introduction of literature evangelism was a major capture of the age group4. The mission skeleton or guideline adopted by Michael was laying consideration on the assignment itself and vision on how it will be implemented. The goals and objectives and strategy for going about it were considered. These were the core values that were to be observed in the course of implementing the plan. The young